US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

BMNR 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $16.28 and stabilize above resistance $23.36.

Invalidation Trigger

Break above $23.36 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 32.1, MACD -0.176

12h
Volatility EnvironmentBearish
High volatility

ATR is $1.16 (8.56%)

12h

EMA Structure

Bearish
EMA 8$14.78Bearish
EMA 21$16.28Bearish
EMA 50$18.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.1 · MACD -0.176

Momentum is weak

Strength
Bearish
Volatility
ATR $1.16 · BB 36.91%

High volatility

Strength
Bearish
Volume
MFI 42.5 · OBV -233.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$12.8 - $23.36

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+80.33% · 9.4 ATR above latest close

$24.52
Nearest resistance

+71.76% · 8.4 ATR above · 34-bar high

$23.36
Current price

Price shown is delayed

$13.6
Nearest support

-5.88% · 0.7 ATR below · 34-bar low

$12.8
Deeper support zone

-14.44% · 1.7 ATR below latest close

$11.64
ATR zone

Latest close ± ATR14

$12.44 - $14.76

Indicators

Trend

Dow Theory Structure

Confirmation $15.36, invalidation $17.13

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

47.5 / 14.8 / 34.5Bearish
Supertrend (10,3)

Price is above Supertrend

$9.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$15.86 / $18.46Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

High volatility

$1.16 (8.56%)Bearish
Bollinger Bands (20,2)

Width 36.91%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$18.5 / $13.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$12.44 / $14.76Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$23.36Range
Support

Nearest Downside Decision Level

$12.8Range

Momentum

RSI (14)

Momentum is weak

32.1Bearish
MACD (12,26,9)

Histogram is negative

-0.176Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.0 / 10.1Bullish
Williams %R (14)

Oversold zone

-84.0Bullish
CCI (20)

Weak expansion

-186.0Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-233.55%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $15.36, invalidation $17.13

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

47.5 / 14.8 / 34.5Bearish
Supertrend (10,3)

Price is above Supertrend

$9.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$15.86 / $18.46Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

32.1Bearish
MACD (12,26,9)

Histogram is negative

-0.176Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.0 / 10.1Bullish
Williams %R (14)

Oversold zone

-84.0Bullish
CCI (20)

Weak expansion

-186.0Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$1.16 (8.56%)Bearish
Bollinger Bands (20,2)

Width 36.91%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$18.5 / $13.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$12.44 / $14.76Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-233.55%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$23.36Range
Support

Nearest Downside Decision Level

$12.8Range

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